Partner Affiliates definition
Examples of Partner Affiliates in a sentence
Partners who meet the foregoing qualifications shall be Active Partners, and Active Partners, or their Partner Affiliates, shall be entitled to make use of the Transmission Line for transmitting electricity from said Partner's, or from said Partner Affiliate's, Project to SCE and shall be entitled to participate more fully in the management of the Partnership than Inactive Partners.
Upon the terms set forth in this Agreement and subject to the next paragraph of this Section, SISW grants to Partner and the Partner Affiliates a nonexclusive, nontransferable, limited license to install and use the executable form of the Software for the following purposes: (i) demonstrating SISW’s software or services to prospective customers; (ii) internal evaluation purposes; and (iii) training of Partner and Partner Affiliates’ employees.
SISW reserves the right to enforce this Agreement directly against the Partner Affiliates.
If, at the termination of the Partnership pursuant to Section 13, any such fees received by General Partner Affiliates have not been fully offset against Management Fees, such amount will be paid to the Partnership and credited to the Capital Accounts of the Limited Partners in accordance with the manner in which such fees would have offset their Management Fees.
Each of the General Partner, Affiliates and Associates may consult with counsel and/or accountants in respect of Partnership affairs and be fully protected and justified in any action or inaction which is taken in accordance with the advise or opinion of such counsel and/or accountants, provided that they shall have been selected with reasonable care.
Nothing herein contained in this Section 2.04 shall be deemed to preclude the General Partner, Affiliates or Associates from exercising invest- ment responsibility, from engaging directly or indirectly in any other business or from directly or indirectly purchasing, selling, holding or otherwise dealing with any Securities for the account of any such other business, for their own accounts, for any of their family members or for other clients.
Active Partners are Partners that are currently entitled to make use of the Transmission Line for transmitting electricity from said Partner's (or its Partner Affiliate's) Project to SCE; for this purpose, a Partner (or its Partner Affiliate) shall be treated as so entitled notwithstanding the lease or license of use of the Transmission Line to a Lessee pursuant to Section 10.
The Partnership is not organized with the intention or expectation of making a cash profit from the operation of the Partnership but merely as an ownership form through which the Partners can accomplish the Partnership purpose of jointly developing, building, owning, operating and making available for the use of the Partners and Partner Affiliates in proportion to each Partner's Percentage interest the Transmission Line.
Partner’s additional Affiliates will not be added as Eligible Partner Affiliates during the Program Period, unless Google agrees in writing.
With respect to each RMT Partner Governmental Plan, (i) RMT Partner and the RMT Partner Affiliates have complied in all material respects with the requirements thereof and (ii) no liability has been incurred by RMT Partner or any RMT Partner Affiliates with respect thereto that has not been satisfied in full (other than with respect to amounts for which the due date without penalty has not yet occurred).